Category: Public finance

NHS spending rise lags behind Tory funding pledges, IFS finds

Thinktank says extra funding eaten up by higher inflation despite greater demand with service in poor state of repairSpending on the NHS in England has risen less quickly than the Conservatives promised at the last election...

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Tax rises will follow UK election unless fiscal rules are ripped up, says thinktank

Niesr says current limits on government borrowing fail to stimulate growth and hinder net zero ambitionsThe next government will be forced to hit voters with post-election tax rises and delay net zero investment unless it is...

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Thames Water collapse could trigger Truss-style borrowing crisis, Whitehall officials fear

Exclusive: Concerns over effect on UK’s finances lead officials to believe utility should be renationalised before general electionSenior Whitehall officials fear Thames Water’s financial collapse could trigger a...

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Hunt says plan to scrap employee national insurance is ‘long-term ambition’

Chancellor’s unfunded proposal would be ‘work of many parliaments’ and depended on growth of economyJeremy Hunt has admitted his unfunded proposal to scrap employee national insurance could take more than a...

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The Spring Budget: more cuts to come? – Politics Weekly UK

The Guardian’s John Harris is joined by the former Conservative chief secretary to the Treasury David Gauke and the economist and Labour candidate Miatta Fahnbulleh to go through today’s budget announcements Continue...

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Budget 2024: Hunt gambles with highest tax burden since second world war

Chancellor’s £10bn national insurance cut funded by ‘non-dom’ tax breaks is final major economic intervention before electionPolitics live: latest news and reaction on UK budgetBudget: key points at a...

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Budget 2024: Jeremy Hunt announces 2p cut in national insurance

Chancellor’s expected pre-election gambit follows identical reduction in autumn statementJeremy Hunt has announced a 2p national insurance cut in his budget as a pre-election gambit to revive flatlining opinion poll...

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Jeremy Hunt defies public services alarm with pre-election budget tax cuts

Chancellor set to cut 2p off national insurance but some Tories say more is needed to bolster election chancesJeremy Hunt will use his final budget before the election to promise voters lower tax and higher growth, with the...

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Nineteen English councils handed multimillion-pound bailout agreements

So-called capitalisation directions are risky and regarded as poor accounting practice, experts sayA record 19 councils in England have been handed multimillion-pound government bailout agreements totalling £2.5bn to...

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Budget 2024: Hunt urged to boost UK economy by fixing ‘broken’ childcare system

London business group says clarifying funding for providers could deliver £11bn economic prize by freeing more adults to workJeremy Hunt is being urged by business leaders to urgently fix the UK’s broken childcare...

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Cuts to public services in England will ‘reverse’ gender equality, unions warn

Women’s groups urge chancellor to ignore calls for tax cuts in next week’s spring budgetFurther cuts to public services in England will put gender equality “into reverse”, according to women’s...

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